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The Macerich Company
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Fundamentals
Gross margin | 38.16% |
Operating margin | 16.52% |
Pretax margin | -17.43% |
Net margin | -19.42% |
Effective tax rate | 1.24% |
ROA | -2.36% |
ROE | -7.72% |
D/E | 2.12x |
Interest coverage ratio | 0.78x |
MAC valuation
P/E | – |
P/S | 4.63x |
P/B | 1.92x |
P/CF | 13.72x |
P/FCF | 13.53x |
P/OCF | 13.72x |
PEG | -0.46x |
EV multiple | -0.84x |
About
Macerich operates as a comprehensive, self-managed real estate investment trust (REIT) that independently oversees all aspects of its operations. Its core focus is on the acquisition, leasing, management, development, and revitalization of regional shopping malls throughout the United States. The company currently holds interests in 47 regional retail complexes, representing a total portfolio of 51 million square feet of real estate.
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